Vail Resorts, Inc. (NYSE:MTN) Stake Lifted by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC increased its stake in Vail Resorts, Inc. (NYSE:MTN) by 4.2% in the 4th quarter, HoldingsChannel reports. The fund owned 30,343 shares of the company’s stock after acquiring an additional 1,232 shares during the period. Janney Montgomery Scott LLC’s holdings in Vail Resorts were worth $5,688,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in MTN. V Square Quantitative Management LLC bought a new stake in Vail Resorts during the third quarter worth approximately $25,000. Capital Performance Advisors LLP bought a new stake in Vail Resorts during the third quarter worth approximately $25,000. UMB Bank n.a. boosted its holdings in Vail Resorts by 123.5% during the third quarter. UMB Bank n.a. now owns 219 shares of the company’s stock worth $38,000 after buying an additional 121 shares in the last quarter. Eagle Bay Advisors LLC purchased a new stake in shares of Vail Resorts in the 4th quarter valued at approximately $40,000. Finally, Venturi Wealth Management LLC lifted its position in shares of Vail Resorts by 165.3% in the 3rd quarter. Venturi Wealth Management LLC now owns 321 shares of the company’s stock valued at $56,000 after acquiring an additional 200 shares in the last quarter. 94.94% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on MTN. StockNews.com upgraded shares of Vail Resorts from a “sell” rating to a “hold” rating in a research report on Friday, December 13th. Mizuho upped their price target on shares of Vail Resorts from $222.00 to $227.00 and gave the company an “outperform” rating in a research report on Tuesday, December 10th. Truist Financial reduced their price target on shares of Vail Resorts from $250.00 to $247.00 and set a “buy” rating for the company in a research report on Tuesday, December 10th. JPMorgan Chase & Co. reduced their price target on shares of Vail Resorts from $176.00 to $166.00 and set an “underweight” rating for the company in a research report on Friday, January 17th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of Vail Resorts from $185.00 to $196.00 and gave the company a “hold” rating in a research report on Monday, December 9th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $204.50.

Vail Resorts Stock Down 1.2 %

MTN stock opened at $167.75 on Thursday. The company has a 50 day moving average of $183.03 and a two-hundred day moving average of $179.01. Vail Resorts, Inc. has a 12-month low of $165.00 and a 12-month high of $236.92. The company has a market cap of $6.28 billion, a price-to-earnings ratio of 27.87, a PEG ratio of 2.13 and a beta of 1.12. The company has a quick ratio of 0.51, a current ratio of 0.63 and a debt-to-equity ratio of 3.64.

Vail Resorts (NYSE:MTN) last announced its quarterly earnings results on Monday, December 9th. The company reported ($4.61) EPS for the quarter, topping the consensus estimate of ($4.99) by $0.38. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The company had revenue of $260.28 million for the quarter, compared to analyst estimates of $251.45 million. During the same quarter in the prior year, the business posted ($4.60) EPS. Vail Resorts’s quarterly revenue was up .7% on a year-over-year basis. On average, equities analysts anticipate that Vail Resorts, Inc. will post 7.62 earnings per share for the current fiscal year.

Vail Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were paid a dividend of $2.22 per share. The ex-dividend date was Thursday, December 26th. This represents a $8.88 annualized dividend and a dividend yield of 5.29%. Vail Resorts’s dividend payout ratio (DPR) is 147.51%.

Vail Resorts Profile

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and regional ski areas in the United States. It operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 41 destination mountain resorts and regional ski areas. This segment is also involved in the ancillary activities, including ski school, dining, and retail/rental operations, as well as real estate brokerage activities.